Home Buying in Hopkinton>Question Details

lzrules71, Home Buyer in Shreveport, LA

Should the house I made an offer on now be listed as contingent?

Asked by lzrules71, Shreveport, LA Wed Aug 22, 2012

I live in Louisiana and recently made an offer on a house that was accepted by the seller, but there is a contingency clause in place. We have 60 days to sell our house and they have put a 48hour right of refusal in place. Should the listing now be shown in the MLS as contingent or active?

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Answers

2
Vesta Real Estate Group’s answer
The laws in Massachusetts require making an update in the MLS within 24 hours of accepted contract. We even have a designation to flag it for the 48 hour right of first refusal. Hopefully a LA agent will clarify the LA rules. Best of luck with the sale of your home.
0 votes Thank Flag Link Thu Aug 23, 2012
Active, it appears they are not taking their home off the market. More then likely they have noted the contingency in the agent notes on the mls site for agents.
So it is possible to have both. Active and contingency noted in agent notes.

60 days will go very fast for you! Do you have a virtual tour? Lots of photos. Open Houses?
Flyers and a flyer box. A home Warranty offered and advertised with a rider sign? Ask your listing agent to help you with these items. If you really want the home you have your offer on. Maybe consider a pre inspection and an appraisal. All of these things will help your home to sell faster.

Good luck to you and hope it all works out well.
If you are considering selling your home yourself, it will take longer and you will risk loosing the home you have your offer on.
Have a nice evening.
0 votes Thank Flag Link Wed Aug 22, 2012
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